Patriot Financial Group Insurance Agency 13F: New $1.2M Stake in GPC

Patriot Financial Group Insurance Agency established a brand-new stake in Genuine Parts Company (NYSE:GPC) during the recent period, according to a Form 13F filing with the SEC on October 14, 2026. Because 13F reports look backward, the filing captures portfolio adjustments from the close of the quarter and might not reflect the fund's exact current posture.

Inside Patriot Financial Group's Genuine Parts Trade

The firm opened a fresh position in the auto parts distributor by purchasing 9,897 shares. The reported value of the newly acquired stake sits at approximately $1.24 million.

Other Institutional Activity in Genuine Parts

Blackrock Inc. grew its holdings by 100,687 shares, ending with 13,348,959 shares worth about $1.78 billion. Vanguard Capital Management LLC cut its position by 2,697 shares, leaving it with 8,988,882 shares valued at about $1.20 billion. State Street Corporation grew its holdings by 271,483 shares, ending with 7,628,741 shares worth about $1.02 billion. Vanguard Portfolio Management LLC cut its position by 63,782 shares, leaving it with 6,189,308 shares valued at about $829.11 million. Geode Capital Management, LLC grew its holdings by 25,957 shares, ending with 3,900,115 shares worth about $522.45 million.

Genuine Parts Company Stock Up 0.1%

Shares recently traded around $133.58 as of October 16, 2026. The stock sits about 1.1% above its 50-day moving average of $132.13 and about 11.3% above its 200-day moving average of $120.05. It trades roughly 11.9% below its 52-week high of $151.57 and about 47.1% above its 52-week low of $90.78.

Recent Earnings

Genuine Parts reported trailing twelve month revenue of $25.07 billion and basic earnings per share of $0.25. The company posted a net profit margin of 0.1% and a return on equity of 0.7%. The company's next earnings update is scheduled for October 20, 2026.

Dividend

Genuine Parts pays an annual dividend rate of $4.25 per share, yielding 3.18% with a payout ratio of 1674.0%.

Insider Buying and Selling at Genuine Parts Company

James F. Howe, an officer at the company, sold 1,648 shares on December 17, 2025, at an average price of $128.60 for a total of $211,933. James F. Howe sold 1,392 shares on May 4, 2026, at an average price of $104.09 for a total of $144,893. James F. Howe sold 415 shares on May 5, 2026, at an average price of $104.33 for a total of $43,297. Christopher T Galla, General Counsel, sold 2,333 shares on June 26, 2026, at an average price of $115.00 for a total of $268,295.

Analysts Set New Price Targets

On July 6, 2026, DA Davidson maintained a Buy rating on the stock with a $150.00 price target. On July 22, 2026, Truist Securities maintained a Hold rating with a $126.00 price target. On July 22, 2026, Evercore ISI Group maintained an Outperform rating with a $150.00 price target. On August 3, 2026, DA Davidson maintained a Buy rating with a $170.00 price target. On October 12, 2026, JP Morgan maintained an Overweight rating with a $137.00 price target. Overall, analysts maintain a consensus Buy rating on the stock with a mean price target of $140.56 based on 9 analyst opinions.

About Genuine Parts

Genuine Parts Company operates as a distributor of automotive and industrial replacement parts. It supplies replacement components, accessories, tools, and equipment for a wide range of vehicles and industrial machinery across North America and international markets. Institutional interest from firms like Patriot Financial Group highlights ongoing professional focus on the company's distribution network.

Bottom Line

Investors will look toward the upcoming earnings release on October 20, 2026, for fresh signals on profitability and demand. Keep in mind that 13F filings are backward looking, meaning this new position reflects past quarter activity and might not match the fund's current holdings.